Sunday 25 December 2011

Leadership 2020- Start Preparing People


Hello Friends

Few days back i have read an article on LEADERSHIP 2020, it was an article suggest Companies for "start preparing people" to meet the future Global change. So i am giving few points and my views related to the article which i read.

One thing we need to agree that the workplace where we are now and the workplace where we are going to be in 2020 is never gonna be same, today's work place is all about meeting the domestic needs and  just we are in  a start on meeting the global status. so keeping in the mind of year 2020 lets analyse and estimate how the competitors are going global and how fast they are achieving global requirements. in order to meet the global status lets start preparing people from now. this is all about the article.

In this article they mainly concentrated on the five key skills of 2020 leaders, before we are going to discuss that, let me share my views on this article. by reading the article few things i understand is suppose a company is now domestic one, obviously in 2020 workplace it will become a global one. so 2020 workplace is gonna be global workplace. clear.

                                        
2020 workplace is gonna be digital: Yes the passing of information is going to be fast in 2020 workplace with advanced applications and technology. a real time information transparency is going to seen in 2020 workplace, because rapid increase of social networking sites, chat boards , video and document sharing sites allow for instant transfer of information.

In today's workplace the leaders are said GREAT because they attained integrity, customer commitment and vision. these are the things made them great leaders from leaders. in order to maintain the same dignity of Leader they have to improve the qualities of Global leadership, cross-cultural appreciation, technology savvy, building alliances and partnerships, sharing leadership, prioritizing the development of people and anticipating the future and building institutional capability. these are the real challenges for today's generation leaders.

FIVE KEY SKILLS OF 2020 LEADERS:

COLLABORATIVE MINDSET: The people who can work comfortably in a networked environment, cooperate with competitors, deal across cultures, and navigate complex markets.
Employees list honest feedback as one of the most desired skills in a leader, new protocols are being created to provide continuous stream of  real time and instant feed-back. New forms of mentoring include group, micro and macro anonymous mentoring. Team based leadership options, such as collaborative councils and boards, facilitate cross-team functionality. Leaders seek input from all employees.  2020 leaders will factor in the input of various thoughts, experiences, and skills and deploy them for fast, productive results.

TEAM DEVELOPMENT: Younger generation consider work an integral part of their lives. thus they need their job to be fulfilling. in order to meet their career goals they need some support, guidance and learning opportunities which makes them as a part of community. A leader with a collaborative mind set spends time on building rapport and trust. Focusing on the individuals will be the key to retaining employees, as the 2020 leader forges team that rise to the challenge of networked leading.

TECH SAVVY:  Regular updating of technology is going to be a major role in keeping the position of the company in top most. they will need to use social technologies which these social technology tools invite transparency, inclusion, and instant communication to address market situations.

GLOBALLY-FOCUSED AND CULTURALLY ATTUNED: As companies become more global, they're exposed to how the economic polices and governance strategies of countries affect other nations. Leaders need to be competent at working with foreign governments. Since their employees will be working with people from different cultures, they'll need to leverage the unique skills of all and create cohesion.

FUTURE-FACING: Scanning the marketplace, identifying trends, and building new skill sets will ensure long term viability and sustainability. competitiveness requires creating a culture of ongoing invention, creative thinking, and multiple-horizon thinking.

Leaders who can take collaboration to a new level in building their teams and who can use the digital tools to their greatest effect, will direct their companies into a dynamic future. 





Monday 19 December 2011

Advantages and Disadvantages of OUTSOURCING

Out sourcing occurs when a business secures products or services from a third party, as opposed to producing them in-house. there are several advantages and disadvantages of outsourcing.
ADVANTAGES OF OUTSOURCING: One of the biggest advantages can be